UK student property investment is booming
Property Reporter reports; investment in student property will reach £5.3bn by the end of 2017, up 17% increase on 2016.READ MORE.
Cullen Property opinion:
Investment in UK student property has seen a sharp increase during 2017 due to the weak pound post Brexit, the superior yields and the high occupancy rates with small to little property void periods. Edinburgh has four universities and a growing student population of over 75,000 students. Student property in Edinburgh’s prime locations are incredibly sought-after. During our ‘student season’ (January – March) we typically let a property within 4-5 days of marketing it, with an average of circa 10 - 30 students attending each property viewing. Edinburgh continues to have a very high demand from its affluent student population and remains one the UK’s leading cities for investment in the private rented student sector. |